According to the university, a substantial percentage of the target amount has already been raised and the fund is poised to begin making investments.
The IIA outlined its areas of focus for 2023, and announced a 150m NIS budget to launch three “innovation consortiums” — groups of innovative tech companies.
The goal of the group is to demonstrate how quanta can advance Israel’s science and hi-tech industries, with the hope of private R&D initiatives in the future.